$579,000 - 177 Edgevalley Road Unit 140, London East
Condo for Sale in London East
40 days on market- MLS Number
- X13132908
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SAVE MAX PINNACLE REAL ESTATE
140-177 Edgevalley Road Discover the Perfect Balance of Nature and Luxury Welcome to this stunning 2-storey end-unit condo townhome, perfectly situated in the rapidly growing North East London community. This home offers a sophisticated blend of modern design, functional upgrades, and unparalleled access to the outdoors. Exceptional Interior Living Open-Concept Excellence: The main floor features a bright, airy layout designed for both seamless entertaining and comfortable daily living. Chef-Inspired Kitchen: A true centerpiece featuring a massive island, a rare walk-in pantry, and premium designer lighting upgrades that add a touch of elegance to every meal. Modern Touches: Thoughtfully updated throughout with smart functionality and contemporary finishes that ensure lasting value. Lifestyle & Location Nature at Your Doorstep: Enjoy direct access to the Thames Valley Parkway and Thames River trail systems. Whether it's a morning run, a scenic bike ride, or a peaceful stroller walk, the beauty of nature is just steps away. Unmatched Convenience: Located just a 2-minute drive from daily amenities and under 15 minutes to Hwy 401, making it an ideal hub for commuters and busy families alike. Worry-Free Ownership Low monthly fees of $268 provide peace of mind and effortless maintenance, covering: Snow removal and landscaping Garbage removal Exterior insurance (including roof, windows, and garage)Your North London retreat awaits. Experience modern comfort in a location that continues to thrive.
Estimate your monthly payments for this property
Estimated Payment
$2,970.57/mo
Includes CMHC insurance ($16,154)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London East
London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London East
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
177 Edgevalley Road Unit 140, London East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $414/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London East. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.